Discover and read the best of Twitter Threads about #WTOPlus
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Tonight’s #StateAid event will be fascinating.
There are many different opinions about what the future should hold for subsidy regulation in the UK, but three main views emerging:
1) lockstep with #EUStateAid rules (assists FTA but at odds with taking back control)
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There are many different opinions about what the future should hold for subsidy regulation in the UK, but three main views emerging:
1) lockstep with #EUStateAid rules (assists FTA but at odds with taking back control)
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2) #WTOPlus, essentially building a new UK subsidy control system with the starting point being the relevant WTO rules.
There are questions about how this would work in practice given the base rules are rarely enforced and don’t cover services.
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There are questions about how this would work in practice given the base rules are rarely enforced and don’t cover services.
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3) #UKStateAid - a forward facing independent subsidy control regime.
Allows the UK to design its own block exemptions which contribute to its objectives, eg #climatechange or #regeneration. Part of UK law, rather than EU law.
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Allows the UK to design its own block exemptions which contribute to its objectives, eg #climatechange or #regeneration. Part of UK law, rather than EU law.
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